Bank accounts and Verifying

czuk · #1 07-14-2015

Hey guys, this is my first post so go easy

Ebay permently banned me for too many defects, basically i sold out of an item whilst on holiday, and had to issue 24 refunds which i did straight away but this gave me too many defects over too short of a time.

Anyways lesson learnt!

Im a little stuck in understanding the whole bank account and verifying the paypal. I have got the Stealth Book and have been reading on this forum for many weeks now but im still stuck :(

I am wanting to open various stealth accounts to run for my business.

1) Why do i need to use a VCC to verify when paypal cant see my name on a fresh real bank account? Is this not good enough to verify the small payments paypal send to my account?

2) If i used a VCC like Entropay do sign up for that using the ⊗⊗⊗⊗ details used to set up the ebay/paypal?

3) Once my paypal is verified can i withdraw the money the bank account linked to the paypay just as if i would with a 100% legit normal ebay/paypalset up (not stealth)

4)Any advice on purchasing a account off a seller on here that is already set up with limits removed?

Thanks in advance!

Callidus · #2 07-14-2015

1. You open a new bank account - new account number and sortcode. You add this to PayPal and wait for the code to drop into the bank. You take the 4 digit code and enter this into PayPal. Your PayPal is now VERIFIED.

2. You need to make sure ALL real details are used when signing up to Entropay.

3. Yes you can withdraw back to the account. Avoid using Lloyds. They do not like mismatched name deposits.

Good luck. Read the guide multiple times and make notes. Forum has invaluable information.

Bunneh · #3 07-14-2015

Hi & welcome to the forum

A VCC is added to confirm 'your' address, and once the NEW bank account is added, the option will appear to confirm address.

Paypal will not see the REAL name on your bank account unless you let paypal take funds from your bank account for fee's & payments, only then will they see the real details.

So always make sure you have finds in paypal for your fee's or pay them by VCC (entropay)

Entropay cards work with any name and address, but as mentioned by Callidus, you MUST sign up to entropay in your REAL info.